Atlantic Canada Opportunities Agency
Symbol of the Government of Canada
Young Entrepreneur Development Initiative
The Young Entrepreneur Development Initiative (YEDI) offers financial support to not-for-profit business organizations, colleges and universities, and municipalities for business skills training and financial support to Atlantic Canadian entrepreneurs under 35 years of age.
With the right business skills and tools, aspiring and existing young entrepreneurs will be well equipped to successfully create and grow their businesses.
Who can apply?
 
Not-for-profit and non-commercial organizations – such as business and economic development associations, educational institutions or municipalities – can apply for funding under YEDI.
 
Funding and eligible costs
 
Through YEDI, ACOA provides non-repayable assistance, which is limited to a percentage of eligible costs necessary for the project to proceed.
 
How can YEDI help more young people?
 
Young Atlantic Canadians need to develop the right skills to succeed in business. YEDI provides financial assistance to not-for-profit organizations for the delivery of skills-building projects for youth such as:
  • entrepreneurship courses and workshops
  • business planning competitions
  • youth business camps

Can YEDI help existing young entrepreneurs

Getting a business started can sometimes be the easy part! Along the way, young entrepreneurs may need assistance with marketing strategies, human resources, and learning how to manage growth effectively. YEDI can help develop projects such as:

  • mentorship programs
  • business skills workshops
  • learning conferences that bring young entrepreneurs together

How can YEDI help my community develop an entrepreneurship culture among young people?
 
Communities are instrumental in planning initiatives for aspiring and existing young entrepreneurs. With funding through YEDI, communities can provide broad-based support by developing such initiatives as:

  • roundtable discussions
  • local support networks for young entrepreneurs
  • strategies to use entrepreneurship to address youth out-migration
More Information

For additional information on YEDI, please view the full information sheet or contact us directly.

Head Office 1-800-561-7862
New Brunswick 1-800-561-4030
Prince Edward Island 1-800-871-2596
Newfoundland and Labrador 1-800-668-1010
Nova Scotia 1-800-565-1228
Enterprise Cape Breton Corporation 1-800-705-3926

Related Forms

Working with young entrepreneurs
(PDF: 200 kb / 1 page)